Question
TB MC Qu. 16-101 (Algo) At December 31, 2021, Moonlight Bay Resorts... At December 31, 2021, Moonlight Bay Resorts had the following deferred income tax
TB MC Qu. 16-101 (Algo) At December 31, 2021, Moonlight Bay Resorts...
At December 31, 2021, Moonlight Bay Resorts had the following deferred income tax items:
Deferred tax asset of $122 million related to a current liability
Multiple Choice
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Current deferred tax liability of $52 million.
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Noncurrent deferred tax asset of $118,000 and a non-current deferred tax liability of $96 million.
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Noncurrent deferred tax liability of $136 million.
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Noncurrent deferred tax asset of $192 million and a non-current deferred tax liability of $328million.
Deferred tax asset of $70 million related to a noncurrent liability
Deferred tax liability of $188 million related to a noncurrent asset
Deferred tax liability of $140 million related to a current asset Moonlight Bay should report in its December 31, 2021, balance sheet a:
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